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The rumors are true: The team behind Manka’s is indeed taking over Marin’s historic Olema Inn.

The Olema Inn closed several weeks ago, and just last week, Margaret Grade and Daniel DeLong picked up the keys to the property, which first opened in 1876.

“The question everyone is going to ask: Is it going to be like Manka’s? With expensive and a prix fixe menu. It’s not,” says DeLong, who says it’ll be more of a roadhouse, a place to grab a snack and a glass of wine.

“It’s going to be a more fun, casual place.”

However, since they bought the property, not the business, the name will change. They’re undecided at this point, other than to say that they may or may not keep “Olema” in the name. After a new layer of paint and some other quick remodels, they’re hoping to open around August. Expect many more details on what they’ve got planned in the coming weeks.

Manka’s, by the way, is still open only for lodging. DeLong tells Scoop that the more casual restaurant at Olema will allow them to stay busy while they continue to wait for Manka’s to rebuild after its 2006 fire. The new project will probably add to the Manka’s delays, but he says the two properties — one upscale, one casual — will complement each other nicely.

You can hear more about the Olema Inn’s future by listening to this 3-minute radio interview with Grade on a West Marin radio show. It also reveals the pricetag: $1.65 million.

· Previously: Historic Olema Inn closes as new owners take over [Inside Scoop]